Thanks also for the link.
One of the principles of any investment strategy is it should reflect your personal circumstances. It is therefore unsurprising that a billionaire could have a different strategy to the average punter. I think Marcus believes he has an edge over the market and is prepared to put in the work to use this edge to beat a buy and hold strategy. As for billionaires, perhaps he doesn't think they would or should be bothered with any extra effort/risk because any out performance will not make a material difference to their life.
CSL has more downside...and chat, page-285
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Last
$299.75 |
Change
2.250(0.76%) |
Mkt cap ! $144.8B | |||
| Open | High | Low | Value | Volume |
| $297.75 | $300.00 | $297.02 | $194.7M | 656.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 601 | $299.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $299.80 | 2106 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |